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SpaceX plans to raise $75B in its IPO

SpaceX disclosed Wednesday that it plans to raise $75 billion in its initial public offering, which is expected to occur within a few weeks. Why it matters: This would be the largest IPO ever , and it's not even close. The current global record is $29.4 billion by Saudi oil giant Aramco in late 2019, while the U.S. exchange mark was set in 2014 by China's Alibaba with $25 billion. Zoom in: SpaceX says that it plans to offer 555.6 million shares at $135 per share. It would be valued at about $1.…

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AxiosCenter·2h ago
SpaceX plans to raise $75B in its IPO
SpaceX disclosed Wednesday that it plans to raise $75 billion in its initial public offering, which is expected to occur within a few weeks. Why it matters: This would be the largest IPO ever , and it's not even close. The current global record is $29.4 billion by Saudi oil giant Aramco in late 2019, while the U.S. exchange mark was set in 2014 by China's Alibaba with $25 billion. Zoom in: SpaceX says that it plans to offer 555.6 million shares at $135 per share. It would be valued at about $1.…
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SpaceX plans to raise $75B in its IPO

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